Yes, but the amount you can bet with differs depending on the company you choose. This comparison shows the minimum stake each company lets you make.

Most spread betting companies require you to open an account with more than the minimum stake, for example a deposit of 100.

How does spread betting work?

You bet a set amount of money on predicting if a market price will go up or down:

  • If your prediction is right and the market moves in the direction you bet on, you could make a profit.

  • If your prediction is wrong and the market moves in the opposite direction, you could make a huge loss.

Before you can make a profit, the price movement would need to be higher than the spread.

What is the spread?

The spread is the difference between the buy and sell price, for example, if the buy/sell price for the FTSE 100 is 6846/6845, the spread is one point (6846 - 6845).

Using the same example, the market would need to move by one point in your favour for you to break even, and more than one point before you make a profit.

This comparison shows the spread offered by each spread betting company on:

  • Indices: Stock exchanges such as the FTSE 100 and Wall Street

  • Forex: Foreign exchange pairs such as pound/US dollar and euro/US dollar

Try a demo account first

Demo accounts let you make practice spread bets using simulated market prices. This means you can get used to a spread betting company's platform without risking your money.

Visit as many spread betting companies as possible and open a demo account with them. They are free to use and let you see how their platforms work.

Small stake spread betting FAQs

Q

What is the smallest stake I could spread bet with?

A

As little as 10p, however you may need to deposit a higher amount to begin trading, such as 100. Check the terms with each company before you begin.

Q

Do financial spread betting companies charge fees?

A

Some may charge for cash withdrawals or for leaving your account inactive for over a year. Check each company's terms before opening an account.

Q

Do I pay tax when financial spread betting?

A

No, any profits you make are not subject to Income Tax, Capital Gains Tax or Stamp Duty.

Q

Is financial spread betting regulated?

A

Yes, all UK spread betting companies are regulated by the Financial Conduct Authority. This means they operate within the law and deliver a fair service.

Q

Is spread betting gambling?

A

No, the FCA does not consider spread betting to be a form of gambling, instead it is seen as a type of investment trading.

About our small stakes spread betting comparison

Q

Who do we include in this comparison?

A

We include small stakes spread betting accounts from our panel. They are either authorised and regulated by the Financial Conduct Authority (FCA), or a European regulator and listed on the FCA register as EEA authorised.

Here is more information about how our website works.

Q

How do we make money from our comparison?

A

We have commercial agreements with some of the companies in this comparison and get paid commission if we help you take out one of their products or services. Find out more here.

You do not pay any extra and the deal you get is not affected.